Economy Watch Archive: Bailout

Here's a nice change: A news story that includes AIG and lots of money but does NOT include executive bonuses. AIG, which is 80 percent owned by U.S. taxpayers after its epic fail nearly brought down the global financial system...

UPDATED at 2:00 p.m. The Financial Crisis Inquiry Commission -- the government's panel that was set up to figure out, as much as possible, the cause of the financial crisis -- kicked off its much-anticipated hearing this morning, featuring testimony...

Here's a good story in Monday's Wall Street Journal that breaks down the bonuses set to be paid to executives at big banks, all of which got some form of taxpayer-funded bailout. There has been plenty of outrage over compensation...

The Securities and Exchange Commission is seeking additional charges against Bank of America over its looking-worse-by-the-moment purchase of brokerage Merrill Lynch early last year. These additional charges stem from Bank of America's failure to disclose billions of dollars in mounting...

This is a story that could have some legs: Bloomberg is reporting that the New York Fed told AIG not to publicly disclose payments it was making -- with taxpayer money -- to other banks. This came during the depths...